Legal

Joseph Smart joins Lockton as Asia's Head of Legal, Risk & Compliance

September 9 2024

Smart moves to Lockton Asia after 5 years with QBE Asia.

LIC India to take legal action vs ACESO’s insurance policy trading

August 15 2024

LIC India believes ACESO’s offering “poses a significant risk” to policyholders, exposing them to losses.

NZ updates legislation, renames EQC to Natural Hazards Commission

July 1 2024

New Natural Hazards Insurance Act aims to modernise legislation, clarify cover entitlements, and improve claims experience.

Singapore Airlines offers compensation to passengers injured in severe turbulence - reports

June 12 2024

Passengers with minor injuries reportedly offered US$10,000, while serious cases are in discussions about tailored compensation.

icnz-calls-for-new-zealands-fast-track-approvals-bill-to-address-nat-cat-risks

ICNZ calls for New Zealand's Fast-Track Approvals Bill to help address nat cat risks

June 11 2024

ICNZ backs polarising Fast-Track Approvals Bill for better natural hazard resilience while urging caution in land development.

Two Philippine non-life insurers placed under conservatorship - report

June 7 2024

Insurance Commission reportedly take control of Premier Life and Trisco due to legal non-compliance.

Medibank being sued by privacy watchdog over 2022 data breach

June 5 2024

Office of the Australian Information Commissioner alleges health insurer failed to take reasonable steps to protect the personal information of 9.7m customers.

westpac-initiates-au400m-lawsuit-against-dozens-of-insurers-over-austrac-penalty

Westpac initiates AU$400m lawsuit against dozens of insurers - report

June 1 2024

Westpac reportedly suing 43 insurers, including AXA, Allianz, and Zurich, over interpretation of insurance contracts related to AU$1.3bn 2020 AUSTRAC penalty.